Author: PPD Team Date: December 4, 2024
Solar Industries India and its subsidiary have secured export orders worth Rs 20.39 billion for the supply of defence products to international clients.
The deliveries will span four years.
In November, the company received another export order valued at Rs 3.99 billion from an overseas customer, to be fulfilled within three years.
Author: PPD Team Date: February 19, 2025 The Government of Karnataka (GoK) has signed a Memorandum of Understanding (MoU) with Paschim Renewables Private Limited (PRPL) to develop a 30 MW solar power project in Raichur district. The project, expected to be completed in 2025, will require an investment of around Rs 1.5 billion and is projected to generate approximately 45 million units of electricity annually. Paschim Group is working toward building a clean energy platform…
Author: PPD Team Date: February 19, 2025 Dynolt Technologies has raised $1.7 million in a seed funding round led by Transition VC, with additional investment from angel investor Yashowardhan Shah. The funding will be used to expand its high-power charger product line using wide bandgap semiconductors for fast charging stations. Additionally, the company plans to enter the solar and hydrogen sectors with high-frequency inverters and DC-DC converters. Dynolt, founded in 2022 and headquartered in Bengaluru,…
Author: PPD Team Date: November 29, 2024 State Grid Corporation of China (SGCC) has connected the Gan 1 section of the ±800 kV Ningxia–Hunan ultra-high voltage direct current (UHVDC) transmission project to the grid. Located in Gansu, this marks the completion of the first segment of the 1,634-km project, one month ahead of schedule. The UHVDC line begins in Zhongwei, Ningxia, near the Tengger Desert, traverses Gansu, Shaanxi, Chongqing, and Hubei provinces, and ends in…
Author: PPD Team Date: September 22, 2025 Ingka Investments, the €50 billion family office of IKEA, has acquired 241 MW of solar and wind assets in Rajasthan from ib vogt, a Germany-based company. The deal, valued between Rs 1,200–1,400 crore, marks Ingka’s first investment in India’s renewable energy sector. The acquisition is part of Ingka’s global plan to invest €7.5 billion in renewable energy by 2030, with a focus on utility-scale wind and solar projects…
Author: PPD Team Date: May 30, 2025 The Ministry of New and Renewable Energy (MNRE) has issued draft guidelines for series approval of solar photovoltaic (SPV) modules under the Solar Systems, Devices and Components Goods Order, 2025. The rules aim to help labs and manufacturers group similar products for testing and certification. The draft defines how to form a product family based on shared design, construction, and components. It allows testing of modules from different…
Author: PPD Team Date: January 23, 2025 The Energy Solutions business of Godrej Enterprises Group (GEG) has announced its focus on investing in power infrastructure projects for clean energy. The company will prioritize Maharashtra, Gujarat, Rajasthan, Haryana, and Madhya Pradesh for its green energy and power infrastructure projects. GEG plans to grow at a CAGR of over 20% in the next 3-5 years, driven by its expanding portfolio of EHV (Extra High Voltage) power transmission…